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18 May
12:41

Iran expects export growth after restrictions eased

Iran’s industry, mine and trade ministry has removed certain restrictions on semi-finished steel exports for three months effective 1 June. Exporters will no longer require a licence to sell abroad, but will still need to first offer a certain tonnage on the Iranian Mercantile Exchange, Kallanish notes. The ministry has asked its Export and Import Regulation Office to submit a monthly report on steelmakers’ exports to ensure domestic sales and for…
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